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Tag: Rolls-Royce Holdings

  • The Gaza War Has Been Big Business for U.S. Companies

    Two years on, Israel’s war in Gaza might be finally drawing to a close. The conflict built an unprecedented arms pipeline from the U.S. to Israel that continues to flow, generating substantial business for big U.S. companies—including Boeing, Northrop Grumman and Caterpillar.

    Sales of U.S. weapons to Israel have surged since October 2023, with Washington approving more than $32 billion in armaments, ammunition and other equipment to the Israeli military over that time, according to a Wall Street Journal analysis of State Department disclosures.

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    Benoit Faucon

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  • Rolls-Royce to Cut 2,000-2,500 Jobs Globally in Strategic Overhaul

    Rolls-Royce to Cut 2,000-2,500 Jobs Globally in Strategic Overhaul

    By Ian Walker and Joe Hoppe

    Rolls-Royce Holdings is set to cut 2,000-2,500 jobs worldwide as part of a transformation program and strategy review.

    The U.K.-based aircraft engine manufacturer, which announced the review plan in January, said Tuesday that the new structure will create a more agile business better able to serve customers, and help it improve its capabilities in areas such as procurement and supply-chain management.

    Rolls-Royce currently employs 42,000 people worldwide.

    Write to Ian Walker at ian.walker@wsj.com and Joe Hoppe at joseph.hoppe@wsj.com

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